The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-08-15
TRADE I,EylEW.
The Condition Of business In tho variou
~ s. - Commercial Centres IN Il

The Condition Of business In tho Various
Commercial Centres. Z
New YORK, August Extraordinarily in
it's iesue to-day said:
The Department Of Agriculture reporta
point to corn crop equal to that OF 1856,
or probably 81 par can. larger, owing to
increased acreage this year. The con.
tinued drouth in the central Western
States has caused a great deal Of damage,
but recent rains are helping TO alleviate
the damage. The New York hop cron
will ba one-half Of q former average, but
the Pacific Coast promises larger yield.
The Louisiana rice harvest has been de-
lsyed By rain and Georgia rice plantations
have been damaged 100000. Rice at
Savannah Is higher. Louisiana sugar,
with q cool, dry September, will be ready
to grind October !, thirty days earlier
than usual. Cotton, on good crop pros.
poets, Is weaker. Western leaf tobacco is
reported very firm, but unchanged East.
The estimated available wheat export
surplus Of 1887 IS is given at liz, 600, 900
bushels, which emphasizaa the exports oil
&c, 232 900 busheis from both coasts from
July 10 to August 6. With probable con.
tinued heavy exports this week and the
decreased movement to primary markets,
the visible supply report of Monday
should not show N uch, II any, increase,
The condition Of general trade at lead
ing cities continues favorable except from
Chicago, Louisville, Quincy, St, Louis and
Cincinnati. There is a satisfactory trade
in general lines reported from Boston,
New York, Philadelphia aud Baltimore,
except in WOOL Boston, Baltimore and
vt, Paul money markets are very firm.
Call loans at New York have been easy
despite the failure to sell Government
bonds to tho Treasury atenhanced pricas.
With sterling exchange at 81 S33 A. Sl
there Is a prospect Of increased pold i'm.
ports, $500, 900 having been received yes.
terdsy, and 81 500 900 on the way here, 81
The total bank cearioeB at thirty.eight
cities aggregate 1886 3Ol, 740 for. the week
ending yesterday, 2 per cent less than in
the previous week and a per cent lesa
than in the like week year ago. The
pig iron furnaces are Producing about 49,.
900 tons .ot iron weekly more than on
July l, which means that ,one-third of the
restricted production Of May and June,
owing to the coke strike, has been re-.
gained. Supplementary Southern cotton
mill reports show that the increases since
1880 have been Of capital, Is per cent; op.
erativee, % per cent; wages earned SO per
cent; cotton used, Al per cent, and cotton
fabric produced, AZ per cent. 4 q Z 49, y
All OF the eastern wool markets. con-
tlnue in buyers' favor. The pressure to
sell has been strong in some quarters, and
prices are generally weaker. For many
descriptions they are quite 1c per pound
lower than ut the beginning Of the month.
The decline has stimulated purchsses to a
certain extent, Inquiries are frequent and
more activity is apparent than during the
grester part Of July. Still the takinps OF
the mills do not largely anticipate future
requirements. Orders for sprihg-weigh,
fabrics are not yet numerous, and the IRE.
vailing inclination OF buyers is to pursue
the "hand.to.mouth" policy. '&tFFt5I5a,